Global Automotive Marketplaces Report 2022: Online Dealers, One-time Darlings of the Automotive Business, are Fighting for Survival
Dublin, Nov. 10, 2022 (GLOBE NEWSWIRE) -- The "2022 Automotive Marketplaces Report" report has been added to ResearchAndMarkets.com's offering.
Roller coaster economic times. Meteoric rises and spectacular flameouts. The hunt for used cars. Online dealers, one-time darlings of the automotive business, are fighting for survival.
The report was based in part on more than 100 interviews with CEOs and other executives at automotive marketplaces and auto companies globally. It spotlights strategies and tactics at some of the world's most interesting marketplaces: CarMax, Carsales, Carvana, Kavak and Mobile.de, among others.
Auto manufacturers' efforts to sell cars directly to individuals threaten dealers. Online dealers, one-time darlings of the automotive business, are fighting for survival. New-and used-car shortages have caused havoc in auto supply. And through it all, many auto retailers have posted record profits, with dealerships selling for higher prices than ever.
"The business of selling cars has always been a little crazy, but 2022 has been crazier than ever," said Peter M. Zollman. "Coming out of the pandemic, auto marketplaces might have expected an easier year than they had in 2020 and 2021. It definitely wasn't easy. And 2023 doesn't look like it will suddenly get easier."
Trends are the focus of the 2022 Automotive Marketplaces Annual
The 136-page report dives deep into the fast-changing worlds of car dealers, auto ecommerce, integrated financing and insurance, used-car sourcing, and automotive marketplaces. The report covers more than 200 companies with case studies, charts, graphics and analysis.
The report profiles two "companies to watch:" Africar Group, which operates in many sub-Saharan countries and Autoweb, one of the world's first auto marketplaces, which is under new/old ownership after one of its founders repurchased.
The report identifies the Top 15 auto marketplaces globally by revenue, and the Top 50 by traffic. It also includes data on the leading auto sites in 65 countries.
Trends like OEMs muscling in on dealers like a monster truck on a minivan. Effective sourcing for used cars. Finance and insurance tools for online sales. A shift to EVs. We hit all these and more, in our latest annual report, a 136-page powerhouse.
Top 50: identifies the largest automotive marketplace and classified sites worldwide
Company Spotlights: Carmax, Carsales, Carvana, Kavak, Mobile.de
Companies to Watch: Africar and Autoweb
Leading automotive marketplaces/classified companies in 65 countries, from A(rgentina) to Z(imbabwe)
And then we give you more. Like numbers? Our 30 analysts from around the globe spoke to over 100 executives. We cover more than 200 companies. We go deep and get current, actionable intel. We bring you the information you need to make the difference your business needs to make the right decisions and directions and most of all, to thrive.
Key Topics Covered:
Executive summary
OEM marketplaces are here! Could hurt dealers, auto sites
The key question about the OEM marketplaces: Do they have legs, or are they flashes in the proverbial pan?
Industry trends
Car-sourcing platforms help smooth digital retailing
Data is critical to developing the pricing algorithms that power c-to-b platforms
Digital F&I systems are critical for transactions
Finance is particularly important for more-expensive cars, those that tend to be the mainstay of digital retail
U.S. retail goes from digital to analog
The biggest development in the U.S. market over the last year has been the radical decline of digital-retail pure players
Electric vehicles: How auto marketplaces are adapting
As electric vehicles begin to near a global tipping point, automotive marketplaces are gradually embracing and marketing the segment
Company spotlights
Auto marketplaces by revenue: The world's Top 15 groups
Four auto marketplace businesses in the Top 15 are based in the U.S.; another three are in China
Four 'sell my car' case studies: How do sites perform?
CarMax came out consistently on top with offers in the U.S. and U.K. when we tried to "sell my car" in those countries. India and Indonesia worked differently
CarMax: Size matters. But that's not all that matters.
CarMax is well-positioned to lead in digital, and physical, sales of used cars
Carsales: Digital retailing push drives growth
Carsales now has digital retailing offerings on four continents
Carvana: Is Adesa acquisition suicide? Or a life raft?
Carvana has posted net losses for nearly every quarter since going public in 20
Kavak: $810M deal for LatAm's leading digital dealer
Kavak's capital-intensive model requires funding to scale and expand across
challenging emerging markets
Mobile.de: Auto leader in Germany launches digital retail
Competing with AutoHero, AutoScout24 and perhaps, eventually, dealers too
Companies to watch
Africar: Marketplace, digital dealer in sub-Saharan Africa
Australia-based Africar Group has become a local specialist, with 46 auto websites in 45 countries throughout sub-Saharan Africa
AutoWeb: Co-founder buys it back. Can it be repaired?
There's a lot of work ahead for Payam Zamani, who helped found AutoWeb almost
30 years ago. He has to turn that clunker around
Top 50 marketplaces and classified sites
Top automotive ad sites/apps by country
Companies in this edition
Companies Mentioned
2DeHands.be/2EmeMain.be
58.com
8891.com.tw
999.md
Abw.by
Accu-Trade
Adesa
Adevinta
Adverts.ie
Anderson Auto Group
Annunci.Alvolante.it
Arabam.com
Aramis Auto
Aster.kz
Auti.hr
Auto Trader UK
Auto.Bazos
Auto.Ria.com
Auto.ru
AutoAgora.gr
AutoCosmos
AutoDeal
AutoFi28 AutoHero
AutoHome
Automobile.at
Automotive Ventures
AutoPlius.it
Autos.TrovitArgentina.com.ar
AutoScout
Autot.Tori.fi
AutoTrack.nl
AutoTrader U.S.
AutoTrader.ca
AutoTrader.co.za
AutoVit.ro
AutoWeb2
Autto.kz
Av.by
Avito.ma
Avito.ru
BahCar.com
Bama.ir
Bayt.com
BCA
BikeWale.com
Bikroy.com
BilBasen.dk
BilTorvet.dk
BitAuto
Blocket.se
BobaeDream.co.kr
Bonbanh.com
Buyerlink
Car.gr
Car.ru
CarBravo
CarDekho
CarFax.com
CarGhana.com
CarGurus
CarList
CarMart.ng
CarMax2
CarMudi
CarNext
CarOffer
Carousell.sg
Carro
Carros.MercadoLivre.com.br
Carroya.com
Cars.co.za
Cars.com
Cars45.com
CarSaleGhana.com
Carsales
CarSemsar.com
CarSensor.net
CarsGuide.com.au
CarsIreland.ie
CarTrade
Carvana
CarView.Yahoo.co.jp
CarWale
Carzam
CarZone.ie
CarZZ.ro
Cazoo
Che168.com
ChileAutos.c
Cinch
CintaMobil.com
Coches.com
Constellation Automotive Group
ContactCars.com
Copart.com
Cox Automotive Group
Craigslist.org
CreditIQ
Current Automotive
DasWeltAuto.at
Dba.dk
DealerNet
Discover EV
DoneDeal.ie
Drive.com.au
Driven.co.nz
Drom.ru
Droom.in
DubiCars.com
Dubizzle.com
EBay
EBayKleinanzeigen.de
Edmunds
Emerging Classifieds Ventures
Emerging Markets Property Group
Encar
EV-Cpo.com
EV-Tsla.com
EVTrader.nl
Facebook Marketplace
FazTudo
Finn.no
Focus2Move
FrikinTech
Frontier Digital Ventures
GariKroyBikroy.com
GarirBazar.com
GebrauchtWagen.at
Gettacar
GoCar.be
Goo-Net.com
GooBike.com
Guazi.com
Gumtree.com.au
Haraj.com.sa
HasznaltAuto.hu
Hatla2ee
Hey.Car
HeyCar
IAAI.com
ICarros
Ix.gr
J.D. Power
Jiji.com
Jmty.jp
Joautok.hu
JustGoEV
Kaidee.com
Karnameh.com
Kavak
KBB
KCar.com
Kijiji.ca
Kocsi.hu
Kolesa.kz
Kufar
KupujemProdajem.com
LaCentrale.fr
Lajumate.ro
LeBonCoin.fr
LeParking
Lifull Connect
Marktplaats.nl
Mediahuis
MercadoLibre
Milanuncios.com
Mitula.com
Mobil123.com
Mobile.de
Moteur.ma
Motorgy.com
Motors.md
MyEV.com
NaijAuto.com
NettBil
NettiAuto.com
NextCar
Njuskalo.hr
OLX
One Planet Group
One2Car.com
OpenSooq
Oto.com
Otomoto.pl
PakWheels.com
PolovniAutomobili.com
Prosus
Proto Corp.
Q8Car.com
Recruit Holdings
ReezoCar
Repasse
RocketAuto
Rst.ua
Rubrikk.no
Sahibinden.com
Santander
SAuto.cz/SBazar.cz
Schibsted
SegundaMano.mx
SgCarMart.com
Sheypoor.com
Shift
Smyle
SpotiCar
Sprzedane.pl
StandVirtual.com
Styria Media Group
Syarah
TaladRod.com
ThaiCar.com
TipCars.com
Tonaton.com
TradeMe.co.nz
TrueCar
TuCarro
UsedCars.co.ke
VAuto
VavaCars
ViaBovag.nl
Vroom
Wandaloo.com
WebMotors
WeBuyAnyCar.com
Willhaben.at
Xe.Chotot.com
YallaMotor
Yapo.cl
ZigWheels
For more information about this report visit https://www.researchandmarkets.com/r/4e9fek
CONTACT: CONTACT: ResearchAndMarkets.com Laura Wood,Senior Press Manager press@researchandmarkets.com For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900